Vaarad Ventures Profile
Key Indicators
- Authorised Capital ₹ 41.50 Cr
- Paid Up Capital ₹ 24.99 Cr
- Company Age 31 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3.34 Cr
- Revenue Growth %
- Profit Growth 32.07%
- Ebitda 33.99%
- Net Worth -0.48%
- Total Assets -0.02%
About Vaarad Ventures
Vaarad Ventures Limited (VVL) is a Public Limited Indian Non-Government Company incorporated in India on 04 October 1993 and has a history of 31 years and three months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532320.
The Corporate was formerly known as Atco Corporation Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 41.50 Cr and a paid-up capital of Rs 24.99 Cr.
The company has closed loans amounting to ₹3.34 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Vaarad Ventures Limited India is Tanvi Vikram as CFO. Sumair Vidha, Nitin Datanwala, Piyush Vora, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L65990MH1993PLC074306
- Company No.
074306
- Stock Symbol
BSE : 532320
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Oct 1993
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Vaarad Ventures?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tanvi Vikram  | CFO | 12-Mar-2019 | Current |
| Leena Doshi | Managing Director | 17-Dec-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harsh Doshi | Director | 16-Mar-2019 | Current |
| Sumair Vidha | Director | 25-Aug-2020 | Current |
| Nitin Datanwala | Director | 28-Aug-2009 | Current |
| Piyush Vora | Director | 19-Feb-2010 | Current |
Financial Performance of Vaarad Ventures.
Vaarad Ventures Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 32.07% increase in profit. The company's net worth dipped by a decrease of 0.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vaarad Ventures?
In 2022, Vaarad Ventures had a promoter holding of 71.19% and a public holding of 28.81%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ideaz Ventures India Private LimitedSumair Vidha is a mutual person
Shivalik Ventures Private LimitedPiyush Vora is a mutual person
Healroots Healthcare Private LimitedSumair Vidha is a mutual person
Oseaspre Consultants LimitedNitin Datanwala is a mutual person
Doshi Enterprises Private LimitedLeena Doshi is a mutual person
Hata Bevtech Private LimitedHarsh Doshi, Tanvi Vikram and 1 more are mutual person
Charges (Loans)
₹0
₹3.34 Cr
Charges Breakdown by Lending Institutions
- G. I. I. C. Ltd : 3.20 Cr
- The Saraswat Co-Op Bank Ltd : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 1999 | G. I. I. C. Ltd | ₹3.20 Cr | Satisfied |
| 23 Feb 1999 | The Saraswat Co-Op Bank Ltd | ₹0.52 M | Satisfied |
| 24 May 1998 | The Saraswat Co-Op Bank Ltd | ₹0.84 M | Satisfied |
How Many Employees Work at Vaarad Ventures?
Unlock and access historical data on people associated with Vaarad Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Vaarad Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vaarad Ventures's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
